Iron Dog Race

Analysis

Iron Dog Race is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Iron Dog Race reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $866k to $1.4m (+64%), an average of +64% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Iron Dog Race sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within AK. Charities of a similar size with the same main cause include Al Ummah Community Center ($1.4m), American Trails ($1.4m) and Morgans Wonderland Camp Management Company ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 24% of the total. Other salaries and wages came to $204k. At year end it held assets of $254k against liabilities of $411, net assets of $254k. It reported 3 employees.